Abstract
As a result of continuing high demand and innovation, medical electronics
represents the fastest growing industrial semiconductor opportunity for
suppliers, with the Home, Clinical, and Imaging end-equipment segments all
requiring improved components with advanced performance characteristics,
smaller sized packaging, lower power consumption, and cost effectiveness which
increases profitability.
Relative to the overall Industrial market, the medical electronics market is a
small, but attractive and growing, market of opportunity for suppliers, as
healthcare shifts toward home-based applications, and as new product
development continues. One major trend in medical electronics is the continued
movement of patient care away from professional facilities, such as hospitals,
into the home environment. This comes as a byproduct of advancing medical
technology; but also from the healthcare provider point of view, the trend
toward home patient care serves to improve the efficiency and reduce the costs
incurred by doctors.
Generally, electronic medical equipment is still manufactured within the same
region of its intended use. However, this is likely to change as the emerging
countries become more developed with medical electronics implementation. Also,
the Asia Pacific region is becoming a major manufacturing center for medical
electronics - perhaps someday having the same kind of impact upon medical as
it has upon other markets. The medical electronics market is estimated to be
valued at $124.8 billion for this year, and it is expected to reach a market
size of about $208 billion by 2014, resulting in a growth rate of 7.2 percent
over the next five years.
| 
View Cart
